NEW YORK--A dying Bernard Madoff wants to tell the U.S. judge who will decide whether to free him from prison that he has accepted responsibility for his massive Ponzi scheme, and is sincerely remorseful for his crimes and their impact on victims.
In court papers filed late Wednesday and early Thursday, Madoff's lawyer Brandon Sample asked Circuit Judge Denny Chin to schedule a hearing in Manhattan where the 81-year-old Madoff could speak by phone from his prison in Butner, North Carolina, where he has served nearly 11 years of his 150-year term.
A hearing would "likely to be the last proceeding in this case before Mr Madoff's death," expected within 18 months, Sample said. "Allowing Mr. Madoff to give what is, in effect, a final dying, personal plea is eminently reasonable."
Sample also submitted a letter from a person who agreed to house Madoff, but asked it not be made public because it "could lead to harassment or other invasions of the letter writer's privacy given the extremely public nature of this case."
The U.S. Attorney's office in Manhattan opposes Madoff's release. In a letter to the judge on Thursday, it took no position on the request for a hearing, but said any claim by Madoff that he accepted responsibility would be "self-serving."
Prosecutors have said Madoff used his firm Bernard L. Madoff Investment Securities LLC to swindle thousands of individuals, charities, pension funds and hedge funds, including many with ties to the Jewish community, over multiple decades. A court-appointed trustee estimated Madoff's customers lost $17.5 billion, of which nearly $14 billion has been recovered.
Prosecutors estimated the fraud at $64.8 billion, based on amounts Madoff told customers they had in their accounts just before his December 2008 arrest. Chin called Madoff's crimes "extraordinarily evil" in imposing the 150-year sentence in June 2009.